Right now, Firstrade charge $6.95 per stock trade plus an additional $0.75 per option contract. So 100 commission free trades equal to $695, which is a quite nice promotion. But here’s the catch: You will still have to pay the $6.95 commission at the time of trades. Qualified trades will be credited up to $6.95 per trade within 8 weeks after the trades are completed. And there’s one more, a big one: the 100 commission free trades have to be used within 30 days after the account is opened.

I wonder how many people out there can make that many trades in 30 days. For most people, the 100 commission free trades are the likely rewards they will get. Even if you can’t use up all the 100 trades in a month, they are free, so that’s still your gain.

The offer is not good for international accounts, business, valet, ESA, IRA and other retirement accounts.

If you are interested in the bonus, you can use this link to open a regular brokerage account with Firstrade.